You can inherit an IRA tax-free, but you could be hit with a tax penalty if you don't follow the rules for distributions ...

If you didn't max out your individual retirement arrangement (IRA) in 2025, you still have a few days left to contribute. Workers have until their tax deadline, April 15, to add prior-year ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has ...

・A non-working spouse can contribute up to an IRA, as long as the household has enough earned income to cover the contribution. ・Couples must file taxes jointly to use a spousal IRA, and the working ...

Dear Savvy Senior: What can you tell me about spousal IRAs? My spouse and I are in our 50s and are looking for ways to boost our retirement savings. My wife is a homemaker and caregiver, and works ...

Generally, you can’t contribute to an individual retirement account (IRA) unless you earn an income in a given year. The spousal IRA, however, is an exception to this rule. If one spouse works and the ...

Denise is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA tools and resources for financial and tax professionals. She has over 15 years of experience in the retirement plans field ...

I have an inherited IRA from a 90-year-old sister who had begun distributions before her death. I don’t need or want her ...